JAMB 2019 Economics


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1. An economy system that uses what is regarded as the “Market mechanism” is called —2019


2. Among the disadvantages of the one-man business is the fact that —2019


3. Most of the National debts is “dead weight” in the sense that is —2019


4. Restrictive monetary policy is designed to curtail aggregate demand and to overcome —2019


5. External economies arises essentially from —2019


6. Consider the following figures which refer to a firm’s production department during one week: Wage bill ?6,000, Rent, Rates, Depreciation ?200, raw materials ?800, Power ?300. Total variable costs incurred during the week are —2019


7. A form of tax that is mildly progressive and regressive is —2019


8. In the short-run, the monopoly makes —2019


9. The release of a liquid petroleum hydrocarbon into the environment is —2019


10. Use the following information given to answer this question. Total of all expenditure incurred during the year ? 80,000m; Indirect taxes on goods and services ? 8,000m; Capital consumption ? 6,000m. Gross national expenditure at factor cost is —2019


Question 1 of 10

The Joint Admission and Matriculation Board (JAMB) usually conducts Unified Tertiary Matriculation Examination (UTME) in all subjects for students who have completed Senior Secondary School Education and obtained a minimum grade in at least six (6) or more subjects and JAMB 2019 ECONOMICS is one of such subjects.

The subjects obtained from the senior secondary school education must be from either West African Examination Council (WAEC) or National Examination Council (NECO). The minimum grade accepted by JAMB is not usually below a Credit. However, recently this has been reviewed up in some subjects to reflect the current reality. JAMB 2019 ECONOMICS

The two compulsory subjects in which a Credit grade is mandatory before a student is qualified to apply for UTME are English Language and Mathematics. A student is required to register for a minimum of four (4) subjects including the compulsory subjects. Other subjects are usually optional depending on the course of study in tertiary institution. Take a Quiz

The Unified Tertiary Matriculation Examination is a computer-based standardised examination for prospective candidates aspiring for any tertiary institution including Colleges of Education, Monotechnic, Polytechnics, and Universities.

Every candidate is expected to score a minimum overall score in all the subjects before he/she is considered for admission in any institution of choice. During the application, every candidate is expected to select two choices of institutions, namely first choice and second choice in which the former is a priority. Take a Quiz

Besides the minimum score in UTME, candidates are also required to write a post-UTME test in their respective institutions selected either as first choice and/or second choice. Each institution has different criteria and requirements different from the others even in the same course or department. It is important for candidates to do a background check before making an institution a first choice or second choice. This is very important because the institutions ultimately determine the candidate’s admission irrespective of his/her performances in SSCE or UTME. However, it is equally worth the effort to obtain good grades in the first two examinations. Take a Quiz

Ana Arm
Author: Ana Arm

Estd. 2013

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